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Replies to post #120511 on Golkor Inc (GKOR)
Its typical for people on penny boards to blame the MMs out right when a stock tanks or say that the MMs made it 10 times worse. In reality we had a horriable PR release on a bad day for PRs to be released, good or bad, and their was a big sell off. Did the MMs have an effect on it? I am sure they enhanced it some, but their effect was small and most of the selling looked to me like standard normal selling from investors, not MM tricks.
All this brickering about the MMs is only serving to distract people away from the real problems here. KATX made a bad move by releasing a PR when it did, and containing what it did in it. There is no way to escape that fact. It was a blunder by the company. They have made a few of them over the past few months where in before that they baiscly were mistake free.
This stock has gone from .25 to the .02s in the past 7 months. You can write that off as just the dirty dirty MMs bringing the stock down and playing games or you can actually be objective and look for some of the real reasons why the stock went down. Now sure the MMs always play a role in the pinks to a degree but in most cases stocks like this go down for reasons. It's important to understand these reasons and not just write them off as MM tricks.
Nothing KATX has done in the recent months nore the recent numbers really matter if they find good numbers of copper and rees in these holes or any new ones they drill. KATX has always gone up on good news that was supported by hard numbers so there is no doubt it will again if they find the goods. The MMs have also supported it nicely on the way up as well. Back in May when we started our big run from the .05s to .25 there wasn't any hard numbers, it was mostly just excitment due to us about to start drilling Handcamp and the MMs let us run up day after day. Usually when KATX goes up or down its because of things directly related to the company and things it's doing, not MMs.
AI
